US Nonfarm payrolls rose by 199000 in December much below the forecast of 426000 (Positive for Euro). The unemployment dropped to 3.9% in Dec vs an estimated 4.1% (Slightly positive for US dollar). Annual wage inflation came at 4.7%, compared to a forecast of 4.1% (Slightly positive for the US dollar). Overall jobs data is positive for Euro.
Technical-
Any breach below 1.12700 confirms intraday bearishness. A dip till /1.1230/1.1180 is possible.
The immediate resistance to be watched is 1.13250; any violation above will take the pair to 1.1380/1.1400/1.1435.
Indicators (1-hour)
Directional movement index –Neutral
CCI (50) – Bearish
It is good to buy on dips around 1.1300 with SL around 1.1260 for a TP of 1.1380/1.1435.


GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: Bullish Pairs to Watch Out For 



